Joe Maddon was introduced Monday as the Chicago Cubs' new manager after the two sides agreed to a five-year deal through the 2019 season, and he didn't waste any time talking about the playoffs and the World Series.

Terms were not disclosed but according to media reports, the deal is worth $25 million plus incentives tied to the postseason and does not include an opt-out clause.

Theo Epstein, the team's president of baseball operations, introduced Maddon as the Cubs' 54th manager at the introductory news conference at a bar across the street from Wrigley Field, which is undergoing renovations.

"I'm gonna be talking playoffs next year," Maddon said. "I'll tell you that right now. I can't go to spring training and say anything else. You have to set your goals high, because if you don't set them high enough you might hit your mark, and that's not a good thing. We're gonna talk World Series this year, and I'm gonna believe it. It's in our future."

Asked why he wanted to accept the job that many consider "cursed," Maddon said:

"The challenge is so outstanding, how could you not want to be in this seat'"

The one-liners were front and center during his press conference including:

"This is a one in a 107-year opportunity."

The reference is to what Maddon will be trying to do to end the title drought that goes back to the Cubs' last World Series win in 1908.

Maddon, 60, takes over for Rick Renteria, who was fired after leading the Cubs to a 73-89 record in his only season.

Maddon, a Hazleton native and former Lafayette athlete, managed the Tampa Bay Rays for nine seasons before he opted out of his contract last month. He departed after Andrew Friedman left Tampa Bay's front office to take over the Los Angeles Dodgers on Oct. 14.

Maddon had a 754-705 record in nine seasons, leading the Rays to four playoff appearances, two AL East titles and a five-game loss to Philadelphia in the 2008 World Series.

The Cubs have finished with a losing record in each of the past five seasons and haven't made it to the playoffs since 2008.

Maddon said he was especially attracted by the stadium and the player development team.

"The two things that stood out this past summer were this cathedral across the street and then the groupings of players, youthful, talented and really into the game," Maddon said. "They never quit and it was beautiful to watch.

"I heard all about it, you see it, you read about it. … Then you see them first hand. When I'm watching all this the thing that strikes me is the player development program and the scouting. It has to be outstanding to get those guys out here. I was really impressed with all that from the other dugout."